ENHANCED TRADE ENVIRONMENT

Approximately, 38% of TradeMark East Africa (TMEA)’s budget is in the area of Enhanced Trade Environment with the most being aligned to improving regional and national coordination through developing the capacities of the EAC organs and institutions and Ministries of EAC in each Partner State.

Diagram: Enhanced Trade Environment logic and budget allocations

TradeMark East Africa (TMEA) believes that trade policies and their implementation can contribute to enhancing the environment for trade within East Africa. In particular, the implementation of the East African Community regional trade agreements will contribute to increasing the region’s competitiveness by increasing the size of the market and making the region more open. The implementation of regional trade agreements is also expected to contribute to reducing trade costs if harmonised policies, legislation and procedures are used throughout East Africa.

In particular, TradeMark East Africa (TMEA) believes that the full implementation of the Customs Union is a critical step to enhancing the trade environment. Without full implementation of the Customs Union, the implementation of the Common Market Protocol and subsequent protocols, yet to be negotiated, will be unable to take effect.

The logic above is underpinned by a number of assumptions. These include:

i. Implementing the EAC regional trade agreements will contribute to enhancing the trade environment in the region.

ii. There is sufficient demand by partner state parliaments, public sector, private sector and civil society organisations to drive the regional economic community agenda forward.

iii. Regional trade policies will be prioritised by partner states over national trade policies and priorities.

It is expected that the logic will be further developed and expanded during the process of designing the Single Customs Territory and Trade in Services projects.

Strategic outcome

Examples of contributing projects

Examples of the type of contribution expected (end of project outcomes)

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About Us

TradeMark East Africa (TMEA) is funded by a range of development agencies with the aim of growing prosperity in East Africa through trade. We believe that enhanced trade contributes to economic growth, a reduction in poverty and subsequently increased prosperity.

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TMEA respects your privacy and is committed to protecting your personal data. This privacy notice will inform you as to how we look after your personal data when you visit our website (regardless of where you visit it from) and tell you about your privacy rights and how the law protects you.